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Arsenal's Gazidis: Agents have too much leverage

Arsenal chief executive Ivan Gazidis believes players agents are receiving too much money from transfer deals.

The Gunners chief was speaking at a meeting for the general assembly of the European Clubs Association (ECA) in Barcelona when he suggested that agents happen to bring in way too much money when their players switch clubs.

It is believed that about 15% of all transfer fees lands with the agents but Gazidis suggests that is way too much, especially when clubs that develop the talent get a lot less.

"Clearly there is a lot of money going to agents in these transfer transactions but I don't think we the clubs can abrogate responsibility," Gazidis said.

"We are part of the problem as we are the ones agreeing to pay these amounts of money.

"There are unusual pressures in the system which lead to agents having significant leverage.

"Players should be making more money and that money not going to agents.

"If I were a player or players' union, that would be a really substantial concern to me because it means my clients as a union and me as a player are losing money.

"More invidious are conflicts of interest that often exist in these transactions with agents, and that's something that clubs and players should be concerned about."

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